StompyBotNews

SAINT JOHN, Canada – Stompy Bot Corporation (CSE:BOT) (the "Corporation") is pleased to announce the appointment of Jon Gill to the board of directors of the Corporation. Mr. Gill is an executive leader with a diverse background in operations of consumer goods, logistics, manufacturing, technology/gaming and capital markets in North America, Asia and Eastern Europe. With 35+ years' experience, Mr. Gill has served as a director of more than a dozen companies. Notably, Mr. Gill was managing director of Sega Entertainment Canada from 1992 to 1996, during the 16-bit console wars era, where the Canadian division grew from $17M in annual revenue to over $178M in 24 months. In addition to Mr. Gills's operational experiences, as a past Chairman and Chief Executive Officer, he has worked extensively in the capital markets as a trader with Richardson Greenshields, Senior Investment Advisor with Macleod Young and Weir, Partner of Royal Oak Securities, Managing Director of Cheval Noir Trading, and Operating Partner of HSD Partners.

The Corporation also announces that it has granted an aggregate of 1,870,000 options to purchase common shares of the Corporation exercisable at a price of $0.15 per common share and expiring on October 13, 2018. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant.

The Corporation recently listed on the Canadian Securities Exchange (CSE:BOT).

About Stompy Bot Corporation

The Corporation is an independent video game and digital media publisher. The Corporation identifies, acquires, and publishes unique video game properties. The Corporation's innovative technologies, game development expertise, and global entertainment partnerships enable its success. We create value by engaging entertainment consumers with brands that are unique, creative, socially compelling, technically impressive, and delivered across multimedia platforms on a global scale.

Forward-Looking Information

Certain information set forth in this news release may contain forward-looking information that involve substantial known and unknown risks and uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking information. The parties undertake no obligation to update forward-looking information except as otherwise may be required by applicable securities law.

SAINT JOHN, NEW BRUNSWICK--(Newsfile Corp. - August 5, 2016) - Stompy Bot Corporation (CSE: BOT) (the "Corporation") is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to $200,000 in principal amount of secured convertible debentures (the "Debentures") at a price of $1,000 and integral multiples thereof per debenture (the "Offering"). The Offering will consist of the issuance of an aggregate of up to 200 Debentures, with each $1,000 Debenture consisting of 8,000 common share purchase warrants (the "Warrants"). Each Warrant shall entitle the holder thereof to acquire one (1) common share in the capital of the Corporation at a price of $0.05 per common share (the "Warrant Shares") for two (2) years from the date of issue. The Debentures will have an interest rate of 12% per year, calculated semi-annually from their date of issuance and will mature on the date that is one (1) year from the date of issuance (the "Maturity Date"). At the option of the holder, principal under the Debenture is convertible (the "Conversion") into common shares of the Corporation (the "Conversion Shares") at a conversion price of C$0.05 per Conversion Share. Certain insiders of the Corporation may participate in the Offering.

The Corporation has completed the first tranche ("First Tranche") of the Offering issuing 85 Debentures and 680,000 Warrants raising gross proceeds of $85,000. Proceeds raised from the Offering will be used to fund the development of the Corporation's video games, and for general working capital purposes.

The Corporation also announces that further to its news release dated May 6, 2016, the Corporation has settled an aggregate of $47,791.14 of indebtedness owed to certain arm's length creditors who provided services in connection with developing the Corporation's video games, through the issuance of an aggregate of 955,822 common shares of the Corporation at a price of $0.05 per common share.

In addition, the Corporation has also reached an agreement with arms-length and non-arm's length debt holders to settle an aggregate of $175,654.45 of debt through the issuance of 3,513,089 common shares of the Company at a price of $0.05 per common share (the "Debt Settlement").

The Debenture, the Warrants, the Conversion Shares issuable upon any principal Conversion, the Warrant Shares issuable upon exercise of the Warrants and the common shares issued in connection with the Debt Settlement are subject to a statutory four month and one day hold period.

Following completion of the Debt Settlement, the Corporation also intends to grant to certain directors, officers, employees and consultants of the Corporation, in accordance with the terms of the Corporation's stock option plan, an aggregate of 3,530,000 options to purchase common shares of the Corporation exercisable at a price of $0.05 per common share for a period of ten years.

About Stompy Bot Productions

Stompy Bot Productions is a wholly owned subsidiary of publicly traded Stompy Bot Corporation (CSE: BOT) - an independent video game and digital media publisher. Stompy's growth strategy is to become a premier independent multimedia publisher. Their indie philosophy is to identify and acquire unique video game properties, apply innovative technologies, game development expertise, partner with movie studio resources and manage entertainment brands through a global media marketing approach. Stompy Bot is the exclusive Heavy Gear digital games license holder and publisher of Heavy Gear Assault, a next generation PC title using Epic Game's latest Unreal Engine 4 technology. For more information visit www.stompybot.com.

Forward-Looking Information

Certain information set forth in this news release may contain forward-looking information that involve substantial known and unknown risks and uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking information. The parties undertake no obligation to update forward-looking information except as otherwise may be required by applicable securities law.

Management of the Company has been subject to a management cease trade order (the "MCTO") in respect of the securities of the Company issued by the applicable securities regulators under NP 12-203 on April 29, 2016. The MCTO resulted from the delay in filing the Company's annual financial statements and management discussion and analysis for the year ended December 31, 2015 (the "Annual Disclosure Documents") by the prescribed deadline of April 29, 2016 and the subsequent delay in filing the Company's interim financial statement and management discussion and analysis for the three-month period ended March 31, 2016 (the "Interim Disclosure Documents") by the prescribed deadline of May 30, 2016.

The Company is pleased to announce that it has filed its Annual Disclosure Documents and Interim Disclosure Documents and the documents can be accessed under the Company's profile at www.sedar.com.

Forward-Looking Information

Certain information set forth in this news release may contain forward-looking information that involve substantial known and unknown risks and uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions, industry conditions, and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking information. The parties undertake no obligation to update forward-looking information except as otherwise may be required by applicable securities law.